N.J. Admin. Code § 3:11-6.1

Current through Register Vol. 56, No. 12, June 17, 2024

Section 3:11-6.1 - Approval of limited investment in Minbanc Capital Corporation

(a) Banks are authorized to subscribe for, purchase and hold common stock in the Minbanc Capital Corporation.

(b) Such investment shall not exceed two percent of the total capital stock and surplus of the bank.

R.1971 d.235, eff. 12/30/1971.
See: 3 New Jersey Register 18(b), 3 New Jersey Register 242(b).